Don't worry. I haven't lost my mind. I know I have written a few posts over the years telling you why it's important to have a bookkeeper.

What I do see too often though, is people not using their bookkeeper properly. They get the very bare essentials done in order to file their returns each year, and little else.

In my opinion, it's a big waste of money.

Yes, I (or any other bookkeeper) can spend a couple hours and give you a quick report on how you "did" last year. However, most software can do the bulk of that work automatically too. If I spent a couple hours setting up rules in Xero you almost could have it all done by itself.

So, if you're wanting to get a passing grade on "Tracking My Finances 101" that is the lowest you need to set the bar. If, instead, you'd like to grow your business and get the most out of the bookkeeper you hired, here are 5 reasons you are currently wasting your money on your bookkeeper.